Political Quotes

Judd Gregg: “CBO scores zero in this budget for money coming from the tax gap that is represented by Senator Conrad as existing. The…”

On the recordMarch 11, 2008
CBO scores zero in this budget for money coming from the tax gap that is represented by Senator Conrad as existing. The point being, of course, that you can talk about the tax gap all you want; it would be nice if we could generate some money from the tax gap. But IRS gives us no credit for generating money. They claim you can't generate the type of dollars the Senator has been talking about, and CBO doesn't give us any score for tax gap unless we significantly increase IRS funding, which we do not do.
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Judd Gregg

Editor's note · Context

Discussing the budget and the challenges of addressing the tax gap.

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